methodology also decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk … and skewness of world gross domestic product growth are associated with ex-ante information of four risk factors: term …

suggested by new growth theory, while addressing the variable selection problem by means of Bayesian model averaging …. Controlling for variable selection uncertainty, we confirm the evidence in favor of new growth theory presented in several earlier …

This paper provides evidence that domestic opportunities to share risk have contributed to slower growth. We first … provide a simple model economy that demonstrates how a country's ability to diversify risk is linked to its growth rate. In … domestic opportunities to diversify risk and growth. We employ two econometric procedures: (1) traditional instrumental …

growth model to explore the conditions under which an economy is sustainable, considering different types of risk. In general … equilibrium, sustainability boils down to supply-side factors, with increased growth, decreased consumption risk, and greater …, catastrophic risk management, investments in clean and dirty technologies, and the importance of risk-sharing assets …